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Sanyo Shokai (TSE:8011) Net Income : 円2,866 Mil (TTM As of Nov. 2023)


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What is Sanyo Shokai Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Sanyo Shokai's Net Income for the three months ended in Nov. 2023 was 円952 Mil. Its Net Income for the trailing twelve months (TTM) ended in Nov. 2023 was 円2,866 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Sanyo Shokai's Earnings per Share (Diluted) for the three months ended in Nov. 2023 was 円81.57.


Sanyo Shokai Net Income Historical Data

The historical data trend for Sanyo Shokai's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sanyo Shokai Net Income Chart

Sanyo Shokai Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Feb21 Feb22 Feb23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -819.00 -1,590.00 -4,988.00 661.00 2,155.00

Sanyo Shokai Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,231.00 1,170.00 896.00 -152.00 952.00

Sanyo Shokai Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Sanyo Shokai's Net Income for the fiscal year that ended in Feb. 2023 is calculated as

Net Income(A: Feb. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1348+664+0+143
=2,155

Sanyo Shokai's Net Income for the quarter that ended in Nov. 2023 is calculated as

Net Income(Q: Nov. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1030+-77+0+-1
=952

Net Income for the trailing twelve months (TTM) ended in Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円2,866 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sanyo Shokai  (TSE:8011) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Sanyo Shokai's Earnings per Share (Diluted) (EPS) for the quarter that ended in Nov. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Sanyo Shokai Net Income Related Terms

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Sanyo Shokai (TSE:8011) Business Description

Traded in Other Exchanges
N/A
Address
6-14 Honshiocho, Shinjuku-ku, Tokyo, JPN, 160-0003
Sanyo Shokai Ltd is a Japan-based company, engages in the manufacture and sale of textile products. It is involved in the business of manufacturing and sale of men's clothing, ladies and accessories sales of products at department stores, specialty shops, directly managed stores nationwide. It is also engaged in the business of the lease and rent of real estate properties.

Sanyo Shokai (TSE:8011) Headlines

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